Bennington, OK Economy


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Bennington, OK is a small city located in the Oklahoma Panhandle with a population of around 500 people. Its economy is primarily based on agriculture, however there are some local businesses including R&R Printing Company, Bennington Auto Parts, and The Cowboy Store. Despite its small size, Bennington offers plenty of amenities to locals and visitors alike. One of its most popular attractions is the annual Wild West Days Festival which celebrates the region's cowboy culture with activities such as live music concerts, rodeo events, carnival rides, and more. Additionally, locals can enjoy fishing on Lake Carl Etling or take a stroll through the beautiful Osage Hills State Park for breathtaking views of Oklahoma's natural beauty.

Bennington has an unemployment rate of 3.6%. The US average is 6.0%.

Bennington has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.

Tax Rates for Bennington
- The Sales Tax Rate for Bennington is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Bennington is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bennington
- The average income of a Bennington resident is $14,220 a year. The US average is $28,555 a year.
- The Median household income of a Bennington resident is $25,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBennington, OklahomaUnited States
  3.66
  2.5%-6.2%
  56.7%33.5%
  5.0%6.2%
  5.0%4.6%
  $18,328$37,638
  $25,625$69,021
  $36,875$85,028
  Population by Occupation
  8.0%1.2%
  2.3%0.5%
  1.1%6.8%
  9.1%10.0%
  2.3%2.5%
  21.6%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  1.1%4.7%
  2.3%1.9%
  2.3%7.6%
  0.0%0.1%
  1.1%4.2%
  3.4%9.3%
  10.2%14.0%
  4.5%2.1%
  1.1%7.0%
  3.4%4.8%
  12.5%4.7%
Reviews for Bennington
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Over 16 years ago

I am encouraged by the apparent growth in population of Bennington, my late father's birthplace. Seemingly it would be an ideal place to start a business, especially  More

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